Sam Bankman-Fried – also known as SBF – has been sentenced to 25 years in prison for stealing billions of dollars from customers of his cryptocurrency exchange FTX. The former billionaire CEO... Read more »
Sam Bankman-Fried is found guilty of fraud, other crimes; PayPal receives subpoena from the U.S. SEC, and Invesco Galaxy’s spot Bitcoin ETF joins DTCC website. Read more »
The prosecution is delivering its closing arguments at the Southern District Court of New York, where Sam Bankman-Fried’s trial has been taking place since Oct. 3. Read more »
FTX’s former chief technology officer reportedly claimed in court that then CEO Sam Bankman-Fried authorized Alameda Research’s account to trade more funds than it had available. Read more »
Judge Lewis Kaplan said the order was in line with the U.S. government’s Aug. 18 proposal for the former FTX CEO to access discovery materials. Read more »
Lawyers representing the former FTX CEO say he’s being served a “flesh diet” in prison even though he’s vegan, and has been subsisting on bread, water and peanut butter. Read more »
According to a judge’s order, SBF will be allowed access to one laptop and “WiFi device” for roughly 6.5 hours while meeting with counsel in a courthouse cell block attorney room. Read more »
The politician and business magnate has his eyes set on Binance CEO CZ taking the reins of the future crypto industry. Read more »
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, was charged with defrauding investors by the U.S. Securities and Exchange Commission on Tuesday. WATCH NIGHTLINE EPISODES: https://abc.go.com/shows/nightline ALSO AVAILABLE ON HULU: https://hulu.tv/2wSmSrZ #nightline Read more »
The agreement comes as a result of federal prosecutors looking to ban SBF from contacting current or former FTX and Alameda employees while on house arrest. Read more »
